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Davangere Sugar Company gets nod to expand capacity of Ethanol production

31 Jul 2023 Evaluate

Davangere Sugar Company has received approval from board of directors to expand capacity of Ethanol production from 65KLPD to 110 KLPD. The investment required for said expansion is Rs 54 crore. The government set ambitious targets of achieving a 10% blending of ethanol with petrol (E10) by 2022, with a further goal of reaching 20% blending (E20) by 2025. These targets are part of the government’s broader strategy to boost the production and consumption of ethanol in the country. The Board of Directors at its meeting held on July 28, 2023 has approved the same. 

Davangere Sugar Company is exporter, supplier and manufacturer of sugar. The company also engaged in the business of Sugar, Power. 


Davangere Sugar Co Share Price

3.64 -0.01 (-0.27%)
04-May-2026 16:59 View Price Chart
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